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Property profile & analytics
OFF-MARKET
Estimated value
$270,000
Drive through restaurants
17039 Bothell NE Way Lake Forest Park, WA 98155-5521
Entity Owned
8-yr Hold
Absentee Owner
Free & Clear
Property ID
US90-0796805
Property profile
Verified
Property type
Drive through restaurants
Use group
DRIVE-THRU RESTAURANT, FAST FOOD
Year built
1991
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
2,234 SF
Lot
0.38 ac (16,688 SF)
Zoning code
TC
APN
401930-1658
UPID
US90-0796805
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
Isalis (Bike/Boat/Book/etc) Store
-
Party City Party Supply Store (Bike/Boat/Book/etc) Store
-
Skunk Funk Big Box & Wholesale Store
-
Carl's Trading Co Hat Shop
-
Bushka's Kitchen LLC (Bike/Boat/Book/etc) Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$315k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$270k
Owner & transaction history
Taylor Lfp LLC · 8 yrs held
Taylor Lfp LLC
since 2018
3 recorded transactions
Zoning & alternative use
TC · Lake Forest Park, WA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
030 Prohibited signs and removal. § 18.52.040 Exemptions from permitting. § 18.52.045 Temporary signs. § 18.52.050 Signs in RM and RS zones. § 18.52.060 Signs permitted in CC and BN zones. § 18.52.070 Signs permitted in TC zones. § 18.52.075 Signs in southern gateway zones. § 18.52.080 Signs in the public right-of-way. § 18.52.090 Permit application and fees…
Zone name
Town Center
General category
UNKNOWN
Zone area
19.11 ac
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Lake Forest Park submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Lake Forest Park submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
by Request
ML approach
$315,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$270k
Range $243k – $297k · ±10%
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$121 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2022Property tax & assessments
Tax year 2022
Tax billed
$8,710
Tax year 2022
Assessed value
$784,300
Assessed 2022
Previous assessed
$784,300
+0.0% YoY
Effective rate
1.11%
On assessed value
Assessed land
$784,300
Land market value
$784,300
Total market value
$784,300
Applied tax rate
1,256.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Drive through restaurants
Use group
DRIVE-THRU RESTAURANT, FAST FOOD
Status
Off-Market
Year built
1991
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
HEAT PUMP
Stories
1
Total area
2,234 SF
Lot
0.38 ac (16,688 SF)
Zoning code
TC
APN
401930-1658
UPID
US90-0796805
Jurisdiction
KING
Metro division
SEATTLE-BELLEVUE-EVERETT, WA METROPOLITAN DIVISION
Zoning & alternative use
TC · Lake Forest Park, WAZoning TC · permitted uses
TC · Lake Forest Park, WA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
030 Prohibited signs and removal. § 18.52.040 Exemptions from permitting. § 18.52.045 Temporary signs. § 18.52.050 Signs in RM and RS zones. § 18.52.060 Signs permitted in CC and BN zones. § 18.52.070 Signs permitted in TC zones. § 18.52.075 Signs in southern gateway zones. § 18.52.080 Signs in the public right-of-way. § 18.52.090 Permit application and fees. § 18.52.100 Enforcement. Chapter 18.54 CONDITIONAL USES § 18.54.010 Application.
Zone name
Town Center
General category
UNKNOWN
Zone area
19.11 ac
Building & site characteristics
From public records
Year built
1991
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
HEAT PUMP
Stories
1
Lot
0.38 ac
Current owner
From public records · entity-resolved
Taylor Lfp LLC
Entity
Free & Clear · 8 yrs held
Mailing address
16046 BCH DR NE, LAKE FOREST PARK, WA 98155-6740
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2018
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 1, 2018
—
Taylor Lfp LLC
Taylor,christopher S & Margaret I
Quit Claim Deed
related
—
Jul 28, 1999
$750,000
Christopher S Taylor
Skippers INC
Grant Deed
—
Oct 10, 1990
$300,000
Skipper's INC
Lake Forest Park
Grant Deed
—
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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